2441 Jericho Turnpike, Garden City Park
ATL Wings leased an 1,805-square-foot retail space in the City Park Plaza shopping center at 2441 Jericho Turnpike in Garden City Park. The space was formerly occupied by Brooklyn Wing House. Melissa Naeder of Cushman & Wakefield represented the tenant, while John Tannenbaum served as in-house representative for the landlord, Garden City Park Associates, in the lease transaction.
65 East Old Country Road, Hicksville
Fidelis Care, a health insurance company, leased 2,000 square feet of retail space in the Delco Plaza shopping center at 65 East Old Country Road in Hicksville. The space was the long-time home of Jenny Craig. Melissa Naeder of Cushman & Wakefield represented the tenant, while Neil Schorr of Realty Insight Group represented the landlord, Rush Properties, in the lease transaction.
8 Grant Ave., Bay Shore
Su Family 8 Grant LLC purchased .68 acres of industrial property at 8 Grant Ave. In Bay Shore for $2.1 million. Jeremy Hackett of Metro Realty Services represented the buyer, while Rich Pino and Dave Blanc of R&R Commercial Realty Group represented the seller, RJS Trucking, in the sales transaction.
2052 Route 112, Medford
PBBSNYC Medford LLC, an affiliate of Pallet Kings Liquidators, leased 25,000 square feet of commercial space at 2052 Route 112 in Medford. The space was formerly occupied by Angela’s House Home Store. Michael Murphy of Douglas Elliman Commercial represented the tenant, as well as the landlord, Lucky Daughters Realty, Inc., in the lease transaction.
1235 Grand Ave., Baldwin
Hermes Management LLC, a New York City-based commercial real estate investment firm, purchased a 4,500-square-foot building on 1.09 acres at 1235 Grand Ave. in Baldwin for $3.6 million. The property is triple net leased to Chase Bank. The sale price equates to a 5.36 percent cap rate. Anne Chang of JadeStone Real Estate Consulting represented the buyer, while Dylan Silber of Silber Investment Properties represented the seller, RDC Baldwin LLC, in the sales transaction.
68-70 East Jefryn Blvd., Deer Park
Bob Wu, a Brooklyn-based commercial real estate investor, purchased the 18,000-square-foot building on .93 acres at 68 East Jefryn Blvd. in Deer Park and the adjacent 18,000-square-foot building on .94 acres at 70 East Jefryn Blvd. for $7.4 million. The multi-tenant properties are 100 percent occupied by a total of 13 tenants. The sale price equates to a 6.5 percent cap rate. Michael Gronenthal of Douglas Elliman Commercial represented the buyer, while Desmond Mullins of Premier Commercial Real Estate represented the seller, DP Industrial Holdings LLC, an affiliate of Manhattan-based Anchor Capital Group, in the sales transaction.
2-20 Larkfield Road, East Northport
Jay Collins purchased a 9,975-square-foot mixed-use building on .37 acres at 2-20 Larkfield Road in East Northport for $2 million. The property has one rental apartment and four commercial spaces. The buyer plans to occupy a currently vacant 2,500-square-foot retail space. The sale price equates to a 6.6 percent cap rate. Stefanie Cosentino of Cosentino Realty Group represented the buyer, as well as the seller, Brave Tornado LLC, in the sales transaction.
